ETHUSDT is inside the descending channel 🦐

By InkyGrip
Updated
ETHUSDT is inside the descending channel and the price is very near to 0.382 Fibonacci level.
The price could retest 0.618 Fibonacci level before the new bullish impulse, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <4h structure.



Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Comment
Everything as expected snapshot
Chart PatternsHarmonic PatternsLONGretestTrend Analysis

Related publications

Disclaimer